Gas Natural Signs 20-Year LNG Supply Contract With Cheniere
November 22 2011 - 3:27AM
Dow Jones News
Gas Natural SDG SA (GAS.MC) said Tuesday it has signed a supply
contract with U.S. company Cheniere Energy Inc. (LNG), under which
the Spanish power utility will receive shipments of liquefied
natural gas over a 20-year period.
Under the terms of the contract, Cheniere will supply close to 5
billion cubic meters a year of LNG, equivalent to 15% of the annual
gas consumption in the Spanish market.
The first shipment is due 2017, Gas Natural said.
-By Christopher Bjork, Dow Jones Newswires; +34913958123;
christopher.bjork@dowjones.com
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